Environmental services group Cura Terrae has made its first acquisition, buying Nottingham occupational health consultancy S I Environmental.
Sheffield-based Cura Terrae was formed earlier this year through the combination of Environmental Monitoring Solutions (EMS), Ecus and Envirocare.
Palatine’s Impact Fund took a significant minority stake in the group, which employed 240 people with ambitions to grow.
This deal is a strategic bolt-on for Envirocare, expanding its presence to the East Midlands alongside its existing bases in Bradford, Brackley, and East Kilbride.
Cura Terrae chief executive Prof Peter Skipworth said the purchase is “another valuable addition to our family tree”.
He added: “The formation of Cura Terrae has given our market-leading businesses a unique opportunity to grow and expand, in terms of the services they offer, the expertise and resources at their fingertips, their geographical coverage, and the quality of their customer service.”
S I Environmental was established in 2000 and has a strong market reputation and a number of specialist and experienced staff.
Greg Holmes, investment manager at Palatine, said: “Since our investment in March we’ve been very pleased with the performance of the new group. We are delighted to have completed this first acquisition so soon after formation and we have strong pipeline of further M&A in our pipeline is a sector that continues to see significant growth.”
A WHITCHURCH estate agent who is running from Whitchurch to Liverpool to raise money for a children’s charity has raised over £5,000.
Saul Mellor who is the director of Get Moving Estate Agents will be running on Sunday, September 11 to raise money for the Alder Hey Children’s Charity and so far he has raised £5,272, having initially hoped to reach £1,500
The charity raises funds for the Alder Hey Children’s Hospital in Liverpool which treats a number of illnesses from common ones to highly complex and specialist conditions.
The Mellor family said Saul will finish his run by the Alder Hey and also said they recently used the services for their son.
They added: “Saul is running 45 miles from Whitchurch to Alder Hey on the 11th September to raise money for Alder Hey Children’s Charity.
“We recently had to use their services for our own little boy who under went major surgery and the support we received whilst there was unbelievable.
“So if we can give something back to them that would be amazing.
“Saul views a 45 mile run as an easy feat (although it will be very hard) compared to what our little boy has been though.
“Each penny donated would be appreciated and it all counts.
“Here is the just giving link
“If anyone would like to keep Saul company for any miles during this then please message the Get Moving Estate Agents Facebook page.”
You can find Get Moving Estate Agents via https://www.facebook.com/getmovingestateagents
Schaefer houseThe house was slated for demolition and SCSDC wanted to save it, so the three organizations worked together and LMM covered the minimal costs of the transfer and fees.
Almost three years later, the Bonna duplex is completed. “We’re so glad to be done with it,” says Michael Sering, LMM vice president of housing and shelter. “This was a full-gut rehab, and it was the first house we acquired, so it’s kind of like our signature house. And our architect really did some cool stuff with it. But we’re so excited to have it done. It’s in the books and it’s ready for families.”
Last Thursday, Aug. 4, LMM held a ribbon cutting ceremony at the Bonna house to celebrate the completion and the positive momentum the organization has created in helping families leave homelessness since the initiative started.
Each unit has three bedrooms and open floor plans. Architect Sai Sinbondit designed the Bonna duplex pro bono as part of his effort to collaborate with community nonprofits on projects of social impact and issues such as homelessness, affordable housing, and displaced populations.
The house was sponsored by the Cleveland Browns organization, which gave $100,000 toward the purchase and overhaul the two-family duplex. Members of the Browns organization were at the celebration last week.
Akron-based Truly Reaching You (TRY), which is a nonprofit skills training re-entry program, served as the general contractor, while Solon-based Humble Design, which specializes in designing and furnishing homes for families emerging from homelessness, did the interior decorating.
“The goal is to make the houses really nice and updated, but really fit into the neighborhood,” says Sering.
Total cost on the duplex is yet to be determined, says Sering, but he estimates the final cost will be around $200,000.
LMM will serve as the landlord and under the organization’s Family Stability Fund (FSF), rents will not exceed 30% of a family’s monthly income—up to $750 per month. The FSF is designed to be a temporary support model for tenants to leverage their existing income and other resources to stay housed, encourage self-sufficiency, and to break the cycles of poverty and homelessness.
Additionally, LMM doesn’t work with the same criteria as some other landlords that would keep the family out of a rental.
“We don’t want barriers to housing for our families,” Sering explains. “We don’t do all these background checks—were you ever evicted? Do you have bad credit?—Some people have that stuff, but [these families] need to be in housing too. So, we really don’t get into that. Our only key thing is that the family size is matched to the occupancy code of the unit that we have available. So that’s the criteria.”
The program and philosophy seem to be working successfully.
LMM has acquired seven additional houses in the neighborhood, and the Breaking New Ground initiative has exceeded its $3.5 million goal by more than $1.2 million—having raised $4,245,000.
Of the seven properties, five units have been completed, including Bonna. The other homes that were completed in 2021 include Schaefer Avenue, a single-family house with a family moved in, and Edna Avenue, a duplex.
“All three families were in by last Thanksgiving, so we were glad to at least get some families housed,” says Sering, adding that they are looking at potential families for the Bonna and hope to have the two families identified and into their new homes by the end of the month.
Bethesda on the Bay Lutheran Church in Bay Village has been volunteering at both Bonna and Edna.A duplex near Bonna, on Norwood Road (which Fairmount Presbyterian Church donated more than $126,000 to LMM to purchase in January), is on schedule to be completed by fall—bringing the total number of family units to seven, with 13 more to go in the 20-home goal.
Sering says LMM has seen the entire community come together to support the housing projects and make sure the homes are completed and beautiful. For instance, in addition to the Browns’ $100,000 donation to the Bonna house completion, the team donated welcome baskets to the future new tenants, as did SCSD and St. Martin De Porres High School.
Bethesda on the Bay Lutheran Church in Bay Village has been volunteering at both Bonna and Edna, including painting the fence and the house foundation, and installing a small garden at Bonna. The group also painted the front porch at the Edna house.
In 2021 several groups also volunteered to clean the inside of the Schaefer Avenue house, including volunteers from the Avon High School football team, Gesu Catholic parish, and St. Christopher’s Episcopal Church.
In the meantime, LMM recently completed Coventry II—the second multi-unit house on Coventry Road in East Cleveland for a total of 12 single men exiting homelessness—and Sering says LMM is considering investing in Coventry III this year.
As the markets continue to react to the Federal Reserve’s monetary policy and to current geopolitical instability, investors are turning to their financial advisors for guidance with their portfolios.
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According to Visual Capitalist, San Diego is the third most expensive city when it comes to purchasing a home.
SAN DIEGO — Americans know that homes across the county are expensive, but a new study shows just how out of reach houses are in San Diego County.
According to Visual Capitalist, San Diego is the third most expensive city when it comes to purchasing a home.
With a median price of $905,000, you need a household income of $166,828 to afford it.
“Not a lot of people are going to be in that category,” said University of San Diego Economics Professor, Alan Gin. “Even if they have two incomes in their households.”
Gin says the median household income in San Diego is around $83,000, which is less than half of what you’d need to own the median priced house.
San Jose topped the list of salary needed to own a home and San Francisco came in second. But Gin says home ownership in those cities is more affordable than San Diego.
“While we may be third in terms of prices of houses, our income levels here tend to be lower than say, in the Bay Area, Silicon Valley,” said Gin.
Realtor Frank Powell showed CBS 8 a Bay Park home with what many would call, “a million-dollar view,” but, you’d still be off by more than a million dollars.
Powell, who is also president-elect of the San Diego Association of Realtors, knows it’s a house very few San Diegans can actually afford.
“We haven’t seen a big slump in the market like people are anticipating,” said Powell.
So how do you make housing more affordable in San Diego?
“Build, build, build,” said Powell. “If we want to solve this cause, as long as there’s no supply and increased demand, like any other product on the market, it’s going to continuously go up.”
Gin agrees that lack of supply is an issue. And while some people believe rising interest rates will force housing prices down, he doubts they will drop a lot because, to those Bay Area people making all that money, we’re a bargain and a better place to live.
“Even if housing prices fall here in San Diego, that means it’s going to make it more affordable…that means even more people will want to move out here,” said Gin.
By the way, that study found Pittsburgh was the most affordable city. With a median home price of $185,700 you would only need a household income of $42,858 to afford it.
WATCH RELATED: What $1,500 a month in housing can get you in San Diego County (July 2022)
Sydney’s newest $20 million-plus beachside apartment penthouses have finally been put back up for sale after they were abruptly pulled off the market eight months ago in a row with the NSW Building Commissioner over fire regulations.
The two penthouses were built on top of a seven-level 1960s building in Tamarama as part of an ambitious scheme for their sale to finance the $50 million renovation and refurbishment of the entire 78-apartment block.
Skye Tamarama – previously known as Glenview Court – has now finally received a construction certificate, following a shock stopwork order slapped on the building by the Office of the Building Commissioner in December 2021 just as it was about to be finished.
Fair Trading building and construction compliance director Matthew Whitton said 2019 building code legislation required that sprinklers be installed on every level of the building, while unit owners argued that their lawyers had advised the 2016 standard – which called for fewer sprinklers – applied to the older mass of the building.
Now, with sprinklers just in the new basement car park and the two new penthouses, the order has been lifted. It’s expected the occupation certificate will be issued shortly, too, which means that owners will be able to finally move back into the rest of the building.
“The certifier has now signed off on the building, which is a huge relief,” strata committee chair Christine Smetsers said of the old brutalist building which has now been given a major facelift, as well as the addition of the two penthouses, the two-level car park, balconies or courtyards onto units and a new wave-shaped roof.
“We proposed this [sprinkler] solution eight months ago, but it’s taken this long to resolve the situation. It’s been very distressing for everyone, and it does feel as though it’s something that didn’t need to happen. But now we are happy that we’re moving forward, and everyone will be back in the building in about three weeks.”
It was the final hitch in a massively complex operation to overhaul the eyesore block sitting conspicuously on a ridge on Illawong Avenue, overlooking the beach. The long-running saga began in 2011 when the building was served with numerous fire orders and found to be riddled with concrete cancer.
If you are a resident of Illinois, then you may be eligible for some stimulus money next month. In April, the state approved two separate tax rebates under which eligible residents can get stimulus checks from Illinois of up to $700. It would be a one-time payment and the state is expected to start sending out the tax rebates next month.
Two Stimulus Checks From Illinois
In April, Gov. J.B. Pritzker approved the Family Relief Plan that includes sending one-time individual income tax and property tax rebates to eligible residents. The state is expected to start sending these stimulus checks from Illinois on September 12. Not everyone will receive the money in September as the distribution process is expected to take about eight weeks.
Under the income tax rebate, an individual filer could get $50, while those filing jointly can get $100. Additionally, taxpayers with dependents would get $100 per dependent (with a maximum of three). So, a couple with three dependents can get up to $400 in the form of an income tax rebate.
To qualify for the income tax rebate, the individual taxpayer’s income should be less than $200,000, while for joint filers the income limit is $400,000. Taxpayers also need to have been Illinois residents in 2021 to qualify for the money.
Those who filed the 2021 IL-1040 tax form will get the money automatically. Those who haven’t yet filed it have until October 17 to file their 2021 IL-1040. Additionally, those with dependents need to complete a Schedule E/EIC as well.
Property Tax Rebate: Who Will Get It?
Along with the income tax rebate, some residents can qualify for the property tax rebate as well. Eligible property owners can get a rebate that equals the property tax credit they claimed on their 2021 IL-1040 form, with a maximum limit of $300.
To qualify for the property tax rebate, property owners must have paid their Illinois property taxes in 2021 for their primary residence. Also, the adjusted gross income should be $250,000 or less for individual filers, and $500,000 or less if filing jointly.
Those who have filed their 2021 IL-1040 and Schedule ICR will get the rebate money automatically. Those who haven’t yet filed have until October 17 to file a Property Tax Rebate form (IL-1040-PTR) to get the rebate. Residents can submit Form IL-1040-PTR electronically through MyTax Illinois or submit a paper Form IL-1040-PTR.
Eligible taxpayers will receive the rebate amount through the same method that they got the original income tax refund. In case you didn’t get the refund, or didn’t file an Illinois income tax return, or have filed the property tax rebate separately, then you will get the rebate amount through a paper check.
This article originally appeared on ValueWalk
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The Seattle and King County housing market has seen some changes recently, creating more options for buyers. #newdaynw
SEATTLE — It is no secret that real estate is expensive in Seattle.
But despite this big obstacle, right now might be a good time to buy a house, as Seattle residents haven’t had as many housing options as they have right now.
“Literally houses are staying on market a lot longer. House prices are dropping anywhere from $50,000-100,000. I’ve seen houses drop $300,000,” said real estate broker Ali Samael.
There has been a shift in the housing market in recent months, something that hasn’t happened for quite a while in the Seattle area. According to Realtor Brooke Davis, there are three main changes:
There are more homes for sale. June of 2022 had over 100% more homes on the market than June 2022, so if you are looking to buy right now, you will have more options to choose from.
Pending sales are down, meaning that houses are staying in the market for a little longer. If you are buying, you won’t see as many bidding wars. According to Davis, homes used to go on the market and go pending immediately but in June pending sales went down about 30% compared to last year.
On the other hand, interest rates are up, which means that buyers have “lost considerable purchasing power,” according to NBC News.
“If you like to have choices it’s a great time to buy a house,” said Davis to New Day NW.
Although home prices are still up over 2021, other factors make it a good time to be a buyer.
“I feel like there is a lot more inventory out there so they’re you know there’s more availability,” said Jennifer Lulu, who was looking for homes in West Seattle with her son Brandon.
This is a good thing, realtors say, since we’re seeing the housing market going back to normal.
So what should you keep in mind if you are trying to buy?
“Do your research, have an agent who can do their research, who is familiar with this type of market and really knows how to keep an eye on what’s happening right now,” said Davis.
Davis also mentioned that interest rates have also come down a bit since their peak in 2022.
But what about if you are trying to sell your house?
“To sell your home right now you need to do the same things that you’ve always done but just pay attention to detail,” said Davis. “Prepping your house is so important, just like always, buyers want to see a house that’s cleaned, that you’ve taken care of, deferred maintenance, that you’ve painted, if the walls need to be painted, if the floors are scratched up look into refinishing the floors. Just take care of all those details before putting your home on the market.”
The best barometer for pricing a home is to look at the most recent sales, due to changes in the market.
When will the market shift again? Davis said it is not clear, but she did say there’s always demand in Seattle.
Joining at the start of the 2021/22 EFL season, Roe and Co has used the football club to reach out to fans – and potential customers in a bid to increase local market share.
Roe and Co has increased brand awareness with the company’s brand appearing on pitchside perimeter LED displays, every match programme and online alongside live match stat content managed by partnership experts, Eleven Sports Media.
The company, which was founded in 2020 by Stephen and Kate Roe, serves Bolton, Bury, Radcliffe and Whitefield.
Kate Roe explained the thinking behind the company’s associate partnership with Bolton Wanderers, commenting: “Partnering with Bolton Wanderers and Eleven Sports Media provides us with huge potential to reach out to our target market and help people sell their homes with ease.
“The change in ownership, with Sharon Brittan and Football Ventures, has brought with it a fresh ethos, which aligns closely with our own community driven ethos. The club’s ‘One Club, One Town, One Community’ mantra is one we can relate to in all that we do – offering a personal service that national estate agents really can’t match.”
Gary Holt, commercial manager at Eleven Sports Media, added: “Roe and Co. are a delight to work with and we’re very pleased to he helping them share their expertise with Bolton Wanderers’ loyal fanbase. Their professionalism shines through in everything they do and we’re thrilled to be working with Kate and her team again next year.”
Aug 9 (Reuters) – About 4,000 beagles are looking for homes after animal rescue organizations started removing them from a Virginia facility that bred them to be sold to laboratories for drug experiments.
“It’s going to take 60 days to get all of these animals out, and working with our shelter and rescue partners across the country, working with them to get these dogs into eventually into ever-loving home,” said Kitty Block, president and chief executive of the U.S. Humane Society.
Shelters from South Elgin, Illinois, to Pittsburgh have begun receiving the dogs, which will get medical exams, vaccinations and other treatments before becoming available for adoption.
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In May, the U.S. Department of Justice sued Envigo RMS LLC alleging Animal Welfare Act violations at the facility in Cumberland, Virginia. In June, parent company Inotiv Inc (NOTV.O) said it would close the facility. In July, Envigo settled with the government, without paying any fines.
Inotiv did not respond to a request for comment.
Government inspectors found beagles there were being killed instead of receiving care for easily treated conditions; nursing mother beagles were denied food; the food they received contained maggots, mold and feces; and over an eight-week period, 25 beagle puppies died from cold exposure, the Humane Society said in a statement. Some were injured when attacked by other dogs in overcrowded conditions, it added.
The beagle rescue effort began much earlier, according Bill Stanley, a Republican state senator for Virginia. “I tried to shut them down in 2019, but was not successful. But over the years, we never stopped fighting.”
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Reporting by Aleksandra Michalska; Editing by Richard Chang and Lisa Shumaker
Our Standards: The Thomson Reuters Trust Principles.